Account Executive - Employee Benefits

HUB InternationalNew York, NY
Hybrid

About The Position

At HUB International, we are an insurance brokerage firm and a community of entrepreneurs. We help individuals, families, and businesses protect what matters most by providing a broad array of insurance, retirement, and wealth management products and services. We invest deeply in our people, empowering them to learn, grow, and make an impact. As one of the world’s largest insurance brokers, HUB offers big-company resources and an entrepreneurial spirit, with over 20,000 professionals across 570+ offices in North America. We bring together industry-leading technology, a strong culture of collaboration, and centers of excellence that fuel innovation. We are looking for an Account Executive to join our Employee Benefits team on a Hybrid work schedule. This role provides full-service account management to clients in the Employee Benefit Department, independently managing accounts for all health and welfare plans including medical, dental, short and long term disability, vision, life/AD&D, travel accident, voluntary benefits and long term care for groups of 75-200 lives.

Requirements

  • College degree or equivalent work experience
  • Minimum of 5 years experience in brokerage, consulting, insurance company, or corporate benefits environment
  • Excellent analytical & problem-solving skills
  • Excellent verbal and written communications skills
  • Excellent interpersonal and customer service skills
  • Highly detail-oriented
  • Ability to manage multiple responsibilities in a deadline driven environment
  • Proficiency with MS Office Suite
  • Valid Life & Health License
  • Ability to travel as needed

Responsibilities

  • Day to day contact for client
  • Develop strong relationships
  • Resolve claims and administrative issues
  • Act as liaison with insurance carriers and as an advocate for clients
  • Design benefit plan in conjunction with client needs and financial resources
  • Process renewals, including competitive bidding, providing cost effective plan design alternatives and employee contribution scenarios
  • Prepare spreadsheets and renewal presentations as appropriate
  • Prepare summary plan descriptions and other employee communication materials
  • Provide client with periodic financial reports (monthly, quarterly, or annually, as provided by insurer) to assess plan’s performance and as a tool for renewal planning
  • Coordinate timely delivery of Schedule A information for 5500 preparation, as appropriate
  • Maintain & manage client information through HUB’s Agency Management System & data standards
  • Coordinate health fairs and wellness initiatives when requested by client
  • Prepare claim utilization analysis on self funded and large fully insured clients, as appropriate
  • Secure stop-loss coverage for self-insured clients, as appropriate

Benefits

  • comprehensive benefit and total compensation packages
  • health/dental/vision/life/disability insurance
  • FSA
  • HSA
  • 401(k) accounts
  • paid-time-off benefits such as vacation, sick, and personal days
  • eligible bonuses, equity and commissions for some positions
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